Marketbuzz Podcast with Kanishka Sarkar: Sensex, Nifty 50 headed for gap-up start, Reliance, HDFC Bank in focus
Episode 1340, Sep 23, 03:08 AM
Welcome to CNBC-TV18'S Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of September 23
-The GIFTNifty was higher this morning, trading at a premium of nearly 90 pts from Nifty Futures Friday close, indicating a gap-up start for the Indian market.
-After the choppy Friday session, the Nifty ended 1.8% higher for the week and has now gained in five out of the last six weeks.
-This will be the September series expiry week and the focus will now shift back to domestic factors as the major global event is out of the way. After a week of lull, the first week of October will start with companies reporting their quarterly business updates before IT companies kickstart the September quarter earnings season.
-The handover from Wall Street is a subdued one as the benchmark indices had a quiet session on Friday but not before they notched up yet another week of gains and the Dow Jones ended at a record high.
-Asian stocks traded in a narrow range this morning as investors weighed a raft of data which reinforced concerns about the health of China’s economy.
-Stocks to track: Reliance Industries, HDFC Bank, Dr. Reddy's Laboratories, Vodafone Idea, Tata Steel, KEC International, Adani Total Gas, Ramco Cements, HFCL, Glenmark Pharma, Aarti Drugs, BHEL, ONGC, Mankind Pharma, Godfrey Phillips
Tune in to the Marketbuzz Podcast for more cues
-The GIFTNifty was higher this morning, trading at a premium of nearly 90 pts from Nifty Futures Friday close, indicating a gap-up start for the Indian market.
-After the choppy Friday session, the Nifty ended 1.8% higher for the week and has now gained in five out of the last six weeks.
-This will be the September series expiry week and the focus will now shift back to domestic factors as the major global event is out of the way. After a week of lull, the first week of October will start with companies reporting their quarterly business updates before IT companies kickstart the September quarter earnings season.
-The handover from Wall Street is a subdued one as the benchmark indices had a quiet session on Friday but not before they notched up yet another week of gains and the Dow Jones ended at a record high.
-Asian stocks traded in a narrow range this morning as investors weighed a raft of data which reinforced concerns about the health of China’s economy.
-Stocks to track: Reliance Industries, HDFC Bank, Dr. Reddy's Laboratories, Vodafone Idea, Tata Steel, KEC International, Adani Total Gas, Ramco Cements, HFCL, Glenmark Pharma, Aarti Drugs, BHEL, ONGC, Mankind Pharma, Godfrey Phillips
Tune in to the Marketbuzz Podcast for more cues